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Infrastructure and Economic Growth in Asia (Reprint) (Paperback)

Infrastructure and Economic Growth in Asia (Reprint) (Paperback) - image 1 of 1

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Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.
Edition: Reprint
Genre: Business + Money Management
Series Title: Economic Studies in Inequality, Social Exclusion and Well-being
Format: Paperback
Publisher: Springer Verlag
Language: English
Street Date: September 16, 2016
TCIN: 51716452
UPC: 9783319377308
Item Number (DPCI): 248-29-8088
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